Matson, Inc. 4
4 · Matson, Inc. · Filed Dec 10, 2015
Insider Transaction Report
Form 4
Matson, Inc.MATX
CHUN MICHAEL J
Director
Transactions
- Tax Payment
Common Stock
2015-12-10$46.26/sh−8,443$390,573→ 55,479.518 total - Exercise/Conversion
Stock option
2015-12-10−15,598→ 0 totalExercise: $25.04From: 2007-04-27Exp: 2016-04-26→ Common Stock (15,598 underlying) - Exercise/Conversion
Common Stock
2015-12-10$25.04/sh+15,598$390,574→ 63,922.518 total
Holdings
- 173.772(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]The reported number of shares of the Issuer's common stock and the exercise price payable per share were appropriately adjusted, in accordance with the anti-dilution provisions applicable to the option grant, to reflect the distribution by Issuer of the outstanding shares of Alexander & Baldwin, Inc. (a newly-formed subsidiary formerly known as A&B II, Inc.) to the Issuer's stockholders in a pro-rata spin-off transaction at the close of business on June 29, 2012. Those adjustments preserved the intrinsic value that exists with respect to the option grant immediately prior to such distribution.
- [F2]Reflects the number of shares surrendered in connection with the net exercise of the option.
- [F3]The reported number of shares includes shares acquired under a Dividend Reinvestment Program pursuant to Rule 16a-11.